Global Trade Alert
Global Trade Alert

Australia: Queensland government funds energy project with AUD 776 million

Announcement

26 Sep 2022

On 26 September 2022, the Queensland government announced an investment of AUD 776 million towards the Tarong West Wind Farm.

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

26 Sep 2022

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 26 September 2022, the government of Queensland announced an AUD 776 million (approx. USD 501.8 million) investment to Stanwell Corporation towards the development of the Tarong West Wind Farm. The...

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Implementation date

26 Sep 2022

Revocation date:

No revocation date

Local value added incentive In force

On 26 September 2022, the government of Queensland approved financing for the Tarong West Wind Farm which is subject to local content requirements as stated by the Australian Industry Participation (A...

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